Jason Furniture (Hangzhou)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Jason Furniture (Hangzhou)Ltd has a total shareholder equity of CN¥10.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥16.1B and CN¥6.1B respectively. Jason Furniture (Hangzhou)Ltd's EBIT is CN¥2.1B making its interest coverage ratio -82.1. It has cash and short-term investments of CN¥2.3B.
Key information
11.0%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | -82.1x |
| Cash | CN¥2.27b |
| Equity | CN¥9.98b |
| Total liabilities | CN¥6.13b |
| Total assets | CN¥16.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603816's short term assets (CN¥6.0B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 603816's short term assets (CN¥6.0B) exceed its long term liabilities (CN¥455.5M).
Debt to Equity History and Analysis
Debt Level: 603816 has more cash than its total debt.
Reducing Debt: 603816's debt to equity ratio has reduced from 39.2% to 11% over the past 5 years.
Debt Coverage: 603816's debt is well covered by operating cash flow (234.7%).
Interest Coverage: 603816 earns more interest than it pays, so coverage of interest payments is not a concern.